Business for sale in United Kingdom – Cheshire – County of Cheshire – Ag138-sofa retailer/warehouse-cheshire

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Business for sale in United Kingdom - Ag138-sofa retailer/warehouse-cheshire

Asking Price: 95,000 £ Real Estate: Lease
Sales Revenue: 500,000 £
Net Profit: 1 £
Year Established: 2012
Employees: Not Disclosed
# of family members employed: 2FT
Location criteria:
United Kingdom/County of Cheshire/Cheshire

Business types:


Business categories:

Home Furnishings

Business description

this young, fresh and dynamic business, an off-shoot of the vendor’s very well established and successful flooring business, only opened its doors less that 12 months ago and in that time has already posted very impressive sales figures that are on target to achieve circa £500,000 of sales in year one with forecast figures for year 2 expected to show in excess of 10% growth. Prominently located on one of the major thoroughfares adjacent to one of the largest and most successful retail parks in the uk (with average weekly visitor numbers being circa 125,000 per week), this specialist sofa retailer benefits significantly from the huge volume of traffic drawn to the area by the major furniture retailers and home improvement centres situated close by. Customers come to this outlet because it is the only independent locally that is so conveniently placed and for something that is that little bit different but still competitively priced, for the high levels of customer service and delivery times that can be far less than those normally associated with the major chains. With approximately 7,000 square feet of retail space on one floor this business has over 55 ranges and hundreds of sofas options available at any one time from leading manufacturers including unique ranges from both the uk and abroad as well as benefiting from having area exclusivity for a major supplier to the uk market. The offering is wide and includes traditional, modern and contemporary styles. This business offers a high level of personal service and customer care. Staff are skilled, highly trained in the art of selling and very knowledgeable, with the store manager in particular having been involved in the retailing of sofas for some 30 years.

Additional information

Additional information: Not Disclosed
Support & training: The Owner will provide full business familiarisation, training and handover to ensure a smooth transfer of the business.
Reasons for selling: Our Client does not have the time to maximise the many opportunities this business has at its disposal and needs to concentrate on his other core business.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The vendor has secured very favourable terms. The lease is for 15 years with 5 year rent reviews. Current rent is circa £25,000 p.a. Rates are circa £12,500 p.a.
Location: The business operates from superb leasehold premises circa 7,000 square feet on one floor. As already mentioned the store has recently had a £50,000 refit with new flooring, ceiling, lighting and signage so is in pristine condition. It is located on the edge of the city adjacent to one of the UK’S premier retail parks and enjoys excellent exposure and accessibility.

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